RE:Let's see how much physical silver is really available. How?I just bought 50 oz's and told my 16 year old daughter to keep it until shes 50. Ironically there are a few varieties of physical that are out of stock everywhere.
Napalm1 wrote: Let's see how much physical silver is really available out there ;-)
If silver bulls buy a bit of physical silver as a souvenir, meaning buying silver to never sell ever again! (==> taking it out the market for good!)
While Apple, Tesla and the renewable energy sector needs more and more physical silver to produce their product.
I don't see those companies produce their cars, phones, solar panels with a silver promise (silver paper)
You can't find a substitute to silver for the industry overnight ;-)
So suggestion for all the silver bulls:
To each silver bull,
Spreaded over a couple weeks each silver bull orders 5 to 10oz of physical silver, or like I did buys 1kg of physical silver (2x 500gr = 2x 17,64oz)
What is the cost of 5oz (165$) and 10oz (335$) with a premium compared to the gains you will make on your silver company positions if the silver shortage becomes clear in the market?
The real impact will be obvious in a couple weeks/months from now when the industry starts to look for additional physical silver as an industrial metal in combination with:
"If you buy a silver future today, then you can ask for physical delivery starting 26/02. The silver needs to be delivered by end of March 2021!"
A real Silver bull has patience, isn't it?
Continue to place orders for physical silver (You don't care if it's only deliverable in 15 days from now) ;-)
Cheers